The Federal Government has yet to receive any formal request for fresh bailout from any state government, SUNDAY PUNCH has learnt.

Findings by our correspondent from top government officials at the Ministry of Finance on Saturday revealed that since the last bailout exercise where about 19 states got a total of about N348.6bn, no state has made any fresh request for bailout.

There had been insinuations that the harsh economic condition, which was caused by the massive drop in revenue, might force some states to seek bailout from the government.

President Muhammadu Buhari had said in his remarks at the second National Executive Committee meeting of the All Progressives Congress in Abuja that 27 states were finding it difficult to pay salaries of their workers.

Buhari, while making a veiled reference to the unfavourable economic situation in the country, which he said the administration was battling to stabilise, had said, “The fall of oil prices after Nigeria has made itself a mono economy is a disaster.

“I wonder why people could not believe that in Nigeria about 27 out of the 36 states have difficulties in paying basic salaries of their workers.”

Top officials in the finance ministry confided in our correspondent that since the states were given bailout about six months ago, it would be difficult for the Federal Government to listen to fresh requests from them.

One of the officials said it would take about 20 years for some of the states to fully repay the recent bailout that was given to them by the Federal Government.

The official said, “We all know that the economy is in a precarious situation and there is nothing we can do about it now but to think of innovative ways of meeting our problems.

“The thinking here is that rather than providing bailout, there is a need for us to assist the states by raising their internally generated revenue which is more sustainable.”

When contacted, the Media Adviser to the Minister of Finance, Mr Festus Akanbi, confirmed to our correspondent in a telephone interview that the ministry had yet to receive any fresh request for bailout from state governments.

He said, “We are aware that we are in a critical period and we are working seriously to address the problems facing the economy. Officially, no state has approached us for bailout.”

The states that benefited from the bailout fund, according to the Central Bank of Nigeria are Abia (N14.152bn), Adamawa (N2.378bn), Bauchi (N8.60bn), Bayelsa (N12.85bn), Benue (N28.013bn) Borno (N7.680bn), Cross River (N7.856bn), Delta (N10.036bn), Ebonyi (N4.063bn), Edo (N3.167bn), Ekiti (N9.604bn), and Enugu (N4.207bn).

Also among the states are Gombe (N16.459bn), Imo (N26.806bn), Katsina (N3.304bn), Kebbi (N0.690bn), Kogi (N50.842bn),Kwara (N4.320bn) and Nasarawa (N8.317bn).

Others are Niger (N4.306bn), Ogun (N19.00bn), Ondo (N14.686bn), Osun (N34.988bn),Oyo (N26.606bn), Plateau (N5.357bn), Sokoto
(N10.093bn) and Zamfara (N10.02bn).

Lalasticlacla,mynd44
http://www.punchng.com/unpaid-salaries-fg-yet-to-receive-fresh-bailout-request-from-states/

80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Too bad!

So, bail-out package is now a yearly event and is here to stay? Most of these states are useless.

Bailout that they won't use to bail their state workers from hardship... Instead it will turn to another loan, to be paid by their successors..

Bailout is another conduit for corruption... must it be a 'must' to request for bailout

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Edo, Osun, Oyo, katsina, Imo, Ogun,sokoto, kebbi, plateau nd others re PDP states

Truly, Hunger bad cous it is affecting ur mendula.

PMB has tried his best in ensuring equity reigns in his government just that the so called state governors are gullible in the affairs of there workers whereby majority of the bailout was even diverted to there personal account. Take for instance states like Ekiti and Ondo who are not industrious state still hold their workers 3 to 4 months salaries. Make den pack the money go heaven o. To my christian brothers n sisters happy easter to you all, may we livelong to celebrate more of it Amen

If it will take the states 20yrs to repay these debts how long will it the them to settle the interest based foreign debts and the FG to repay the debt used to finance this budget. They will say that the future of a nigerian child is bright while the old men and the elite of today has sold it off completely

So, 10 out of 13 PDP states collected bailout funds from the government, yet the shameless Wailers still accuse the govt of "mismanagement" of the economy?

Wailers... Make Una fear God!

I see part of the reason apc are desperate to sieze akwa ibom and Rivers.

Nawa o, although some pple will criticize me. 80% of govt workers are not adding any value. Visit most Secretariats nd ministries in diff states and see for ur self. No to bail out because its like a reward for bad behaviour.

Wetin concern me....
//
Lol

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

And where would you categorise Osun, Oyo, lmo ,Edo , Zamafar, kogi, kebbi among several hardship-ravaged APC states?

Convenient amnesia and selective reasoning kill you know.....

If it will take 20yrs to repay d former, y should dey. Apply for another one dat might take 40yrs to repay.. With. All dese loans, hw will nigeria ever be good

[size=15pt]Nigeria would be great in our time[/size]

Wailers will still have something to say! Tufikwa!!

Please don't give any bailout to Oshimole else he diverts it before leaving the Government house. Na beg I dey beg.

HungerBAD:
80% of the States that took money are PDP States.
And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.
The sad thing is that those Monies have gone into Voicemail.

BANK ALERT!
good job boy, your earning has reached 8naira based on your post this morning - APC

ednut1:
Nawa o, although some pple will criticize me. 80% of govt workers are not adding any value. Visit most Secretariats nd ministries in diff states and see for ur self. No to bail out because its like a reward for bad behaviour.

what do you expect when 98% of them were made up of sons, daughters, & relatives of politicians.

Sigh....

27 States!

Speechless...

May God help us.

Edo, Niger, Kogi, Ogun, Osun, Oyo etc are PDP states?

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

HungerBAD:
80% of the States that took money are PDP States.

And that includes Ekiti, with the Loud Mouth Fayose who never sees anything good in this Government, unless after he has siphoned his State's money and wants to go get more from the Federal Government.

The sad thing is that those Monies have gone into Voicemail.

Typical of illiterates with data plan.

Osun, Oyo, lmo ,Edo , Zamafara, kogi, kebbi, Niger etc are PDP states too?

Bailout everywhere..I blame some state governors. Can't they deduce a way of generating a high IGR. some of them have mineral resources that they can tap into instead of depending 100% on the FG always

Lies dis op is malicious d bailout dat was given to bayelsa State was 12 billion naira lies n lies APC agent

But Rochas hasn't paid my mom yet and our lecturers are still on strike.

What happens to IGR?..

Hmmm

Flets:

Typical of illiterates with data plan.

Osun, Oyo, lmo ,Edo , Zamafara, kogi, kebbi, Niger etc are PDP states too?

Don't mind that ignoramus. He saw only ekiti.. mtcheeew